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Nov 14, 2012
11/12
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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Nov 14, 2012
11/12
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countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicortignificantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our way. ask your d
countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with...
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Nov 16, 2012
11/12
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john burns, ceo of john burns real estate consulting in irvine, california. john, you heard what peter said the we'll not know until february if this is needed. what does that mean for homeowners in the interim? >> well, actually, he also said we've been reporting on this since 2009. so we have been knowing this is coming for a long time. all the losses actually relate to all the insurance from 2006 to 2009. tracy: right. >> from 2010 on they have been making money and i think the real risk to homebuyers, overreacts and calls it a bailout and stop fha doing what they're doing? they're only high loan-to-value program out there and they're making money. if we stop that, this fragile recovery which you called earlier will no longer be recovery. tracy: that is the thing. they could increase insurance premiums which peter reported they have been doing. the loans they're making now are much better loans than making 2007 and 2008. so the portfolio going forward is okay. do we have to worry about all the loans they're holding at least 90 days delinquent? >> all the l
john burns, ceo of john burns real estate consulting in irvine, california. john, you heard what peter said the we'll not know until february if this is needed. what does that mean for homeowners in the interim? >> well, actually, he also said we've been reporting on this since 2009. so we have been knowing this is coming for a long time. all the losses actually relate to all the insurance from 2006 to 2009. tracy: right. >> from 2010 on they have been making money and i think the...
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we will have john brown coming on. we will have his views on the fiscal cliff here in the united states and what it all means. then the pot decisions. colorado and mexico state. another market to look at today would be treasuries. 163. not much movement. stock markets up after a couple days of declines. we will be right back. ♪ spivak i have their fox business brief. a gloomy outlook in europe has germany's industry says they expect a noticeably weaker economic dynamic overwinter. they can be contributed to the ongoing of the european crisis. meanwhile, u.s. consumer sentiment on the other hand came in better than expected in november. raising to its highest level in more than five years. 84.9. up from 82.6 in october. chrysler is recalling more than 919,000 jeep suvs worldwide. the air they can deflate while driving. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn fo
we will have john brown coming on. we will have his views on the fiscal cliff here in the united states and what it all means. then the pot decisions. colorado and mexico state. another market to look at today would be treasuries. 163. not much movement. stock markets up after a couple days of declines. we will be right back. ♪ spivak i have their fox business brief. a gloomy outlook in europe has germany's industry says they expect a noticeably weaker economic dynamic overwinter. they can be...
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Nov 16, 2012
11/12
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dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the fiscal cliff that is right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is and we felt very good about what we were able to talk about. we have the cornerstones of being able to work something out. we are both having to give up some of the things we know are a problem and so it is like the point where we all know something has to be done, no other time than to do it now. we feel comfortable with each % other and something we will wait until the last day of december to get done. we will move forward on it an
dagen: john boehner speaking outside the white house flings by senator harry reid. listen to him. >> our meeting today, what the president called for a fair and balanced approach to show our seriousness we put revenue on the table as long as it is the company for significant spending cuts and we are going to continue the revenue on the table, over my colleagues to show the american people we are serious about cutting spending, solving our fiscal -- i believe we can do this and other the...
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Nov 15, 2012
11/12
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john corzine is responsible. choices made by him during his tenure as chairman and ceo field mf global's fate. i am joined now by randy neugebauer. thank you so much for joining us. i want to read a couple other reports from there as well. those risks were exacerbated, those risks that they took. corzine created this at the firm where no one could challenge their decisions. where did you come to these conclusions? >> well, i mean, after that you know, three hearings of 50 witnesses that we interviewed and 43,000 pages of documents, what we saw was mr. corzine came in and try to transfer this company into a goldman sachs junior, if you would. he began to, you know, get some pushback from some of the positions he wanted to put on with this board positions. his risk manager said i think this is risky. he fired that risk manager. he was determined that he would use these rtm to, you know, turn the company around and increase their earnings. as people begin to question that decision, you know, he ignored it. the chair
john corzine is responsible. choices made by him during his tenure as chairman and ceo field mf global's fate. i am joined now by randy neugebauer. thank you so much for joining us. i want to read a couple other reports from there as well. those risks were exacerbated, those risks that they took. corzine created this at the firm where no one could challenge their decisions. where did you come to these conclusions? >> well, i mean, after that you know, three hearings of 50 witnesses that...
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john. ashley: a bit of a stretch. tracy: i'm trying. we have thousands of people in new york and new jersey still without power again after the massive storm yesterday! thousands just never got it back from hurricane sandy. what is in store for the rest of the winter it? how will this impact the economy? that's next next. ashley: i don't know if i want to know. look at do are lar -- dollar. ecb holding key interest rate. and u.s. dropping against -- most currencies dropping against the dollar except for the japanese yen. we'll be right back. those little tngs still t you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor abt all your medical conditions and medications, and ask if your heart is healthy enough for
john. ashley: a bit of a stretch. tracy: i'm trying. we have thousands of people in new york and new jersey still without power again after the massive storm yesterday! thousands just never got it back from hurricane sandy. what is in store for the rest of the winter it? how will this impact the economy? that's next next. ashley: i don't know if i want to know. look at do are lar -- dollar. ecb holding key interest rate. and u.s. dropping against -- most currencies dropping against the dollar...
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we heard from john boehner earlier today. you are the president, you lead. >> that is something the president has not wanted to do. even when it came to obamacare he allowed the senate to write the legislation and hung back in the shadows where the legislation worked itself through the process and it will be interesting to see if that is the strategy uses here. i have big questions this afternoon and it seems to me everybody is talking about what they are not willing to do, not what they are willing to do and that is the big problem. here is what happens. you started by talking about this. two million americans lose their jobs. we are in recession. that is what happens. americans don't need another recession at this point. we need a way to get people employed, get food on the table so that we can grow this country again. ashley: what is coming up tonight? gerri: this is going to be really interesting. weaken play the sound from the president and talk about what he makes of it and if you were going to compromise would be and h
we heard from john boehner earlier today. you are the president, you lead. >> that is something the president has not wanted to do. even when it came to obamacare he allowed the senate to write the legislation and hung back in the shadows where the legislation worked itself through the process and it will be interesting to see if that is the strategy uses here. i have big questions this afternoon and it seems to me everybody is talking about what they are not willing to do, not what they...
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Nov 12, 2012
11/12
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...